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Jan 18, 2013
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and then, of course, there is a debt ceiling vote. now you hear a lot of republicans making noises about backing down from the debt ceiling fight. it is interesting by the way, i know we're not here to talk about that. it is interesting how the conventional wisdom has shifted on that. >> jennifer: quickly too. >> so quickly. just another sign of the shifting sands. it all hinges on how public opinion turns. and you know, is the president going to go out on the stump? is he going to go out and barnstorm the country for his proposals? how much political capital is he going to put into it? if he really builds up public support for the proposals and public support grows and if they feel pressure, he'll bring a vote. >> >> jennifer: just to take you back to that -- not the fiscal cliff, the debt ceiling issue that the republicans do seem to be going soft on, i do think one of the reasons why they went so soft is because major traditionally republican lobbying groups were advocating like the chamber of commerce came out strongly saying this
and then, of course, there is a debt ceiling vote. now you hear a lot of republicans making noises about backing down from the debt ceiling fight. it is interesting by the way, i know we're not here to talk about that. it is interesting how the conventional wisdom has shifted on that. >> jennifer: quickly too. >> so quickly. just another sign of the shifting sands. it all hinges on how public opinion turns. and you know, is the president going to go out on the stump? is he going to...
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Jan 15, 2013
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at hand, unless the nation debt ceiling is raised a lot of programs are starved of spending by default, but that does not mean, want to be clear, that we default even if the president today all but said otherwise. >> threat of default hurts our economy, it is hurting our economy as we speak. neil: well, we shouldn't be saying things that are not true, the president is not clear, and neither is mainstream media, u.s. government does not default because debt ceiling is not increased and soon, government does not stop taking taxes out of your check. even if we go to the brink, they will keep taking the taxes out. tax revenue keeps coming in what washington has to decide is prioritizing what money goes out and where? what do you think is top, top priority. the bill to pay before all others? like if we were in same boat, same emergency we would pay the mortgage or rent first to keep a roof over our head, we prioritize, so does uncle sam like we know we might as well toss our home good-bye. the government knows a default comes only, when obligations to spreadtorcreditors or investorst paid.
at hand, unless the nation debt ceiling is raised a lot of programs are starved of spending by default, but that does not mean, want to be clear, that we default even if the president today all but said otherwise. >> threat of default hurts our economy, it is hurting our economy as we speak. neil: well, we shouldn't be saying things that are not true, the president is not clear, and neither is mainstream media, u.s. government does not default because debt ceiling is not increased and...
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Jan 14, 2013
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debt ceiling is not a question of authorizing more spending. the issue here is whether or not america pays its bills. raising the debt ceiling does not authorize us to spend more. because this is about paying your bills. >> i do hope speaker boehner was listening. joining us in the studio is jonathan capehart from "the washington post" and in los angeles democratic strategist and nyu professor bob shrum. welcome to you both. professor shrum, we reached the debt ceiling two weeks ago today. the treasury department is giving us a few weeks of maneuvering room before we begin to default. and yet you have people like the heritage foundation saying today, default is not at issue. how many conservatives truly believe their tactics pose no risk whatsoever to the economy, particularly given what happened the last time they took the debt ceiling hostage? >> look, what heritage put out today is drivel. a transparent attempt -- >> drivel, this is the considered view of an important organization. >> yeah, whose president is jim demint. i don't take it all
debt ceiling is not a question of authorizing more spending. the issue here is whether or not america pays its bills. raising the debt ceiling does not authorize us to spend more. because this is about paying your bills. >> i do hope speaker boehner was listening. joining us in the studio is jonathan capehart from "the washington post" and in los angeles democratic strategist and nyu professor bob shrum. welcome to you both. professor shrum, we reached the debt ceiling two weeks...
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Jan 20, 2013
01/13
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. >> the debt ceiling debate continues. >> we are not a dead beat nation. >> we all know the issue is spending. >> what are the risks of huge spending cuts? >> operations, maintenance, and ading will be gutted. real ground aircraft, return chips to port, and sharply curtail training across the force. >> a bill before the wyoming state legislature would make a federal agent who tried to enforce a ban on firearms guilty of a felony. there are similar measures under consideration in texas and the governor of mississippi says he wants to make it iegal in the state to enforce any new federal gun laws. how many times have we had this debate? this time after the murders of the children in newtown, conn., the president tells us this is different. the president has signed 23 executive orders aimed at reducing gun violence and is urging congress to reinstate a ban on so-called assault weapons, limit the size on magazines, and mandate here are some background checks for all gun sales. he is also asking the public to put heat on members of congress. remembers of congress if they support universal
. >> the debt ceiling debate continues. >> we are not a dead beat nation. >> we all know the issue is spending. >> what are the risks of huge spending cuts? >> operations, maintenance, and ading will be gutted. real ground aircraft, return chips to port, and sharply curtail training across the force. >> a bill before the wyoming state legislature would make a federal agent who tried to enforce a ban on firearms guilty of a felony. there are similar measures...
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Jan 20, 2013
01/13
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. >> the debt ceiling debate continues. >> are not aead beat nation. >> we all know the issue here is spending. >> what are the risks of huge defense cuts? >> operations, maintenance, and trading will be gutted. we will ground the aircraft retuturn chips to court, and sharply curtail training across the force. >> a bill before the wyoming state legislature would make a federal legend a person trying to enforce a ban on farm guilty of a funny. there are similar measures under considation in nnessee and tetexas. the governor in mississippi wants to make it illegegal in the state to enforce any new federal n laws. how many tis have we had this debate? ththis time after the murders of the children in newtown, conn. the president tells us is different. signed 23 executive orders aimed at reducing gun violence and has urged congress to reinstate a ban on so-called assault weapons, limit the size of the magazines, and mandate criminal background checks for all and sales. he is also o asking americans to put heat on members of congress to get there. >> ask for a member of congress if they sup
. >> the debt ceiling debate continues. >> are not aead beat nation. >> we all know the issue here is spending. >> what are the risks of huge defense cuts? >> operations, maintenance, and trading will be gutted. we will ground the aircraft retuturn chips to court, and sharply curtail training across the force. >> a bill before the wyoming state legislature would make a federal legend a person trying to enforce a ban on farm guilty of a funny. there are...
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Jan 14, 2013
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ceiling issue. i know you have said you're not negotiating that. your administration has ruled out the various ideas that have been out there, the 14th amendment that just this morning house -- one of the house democratic leaders asked you to use the 14th amendment, and even said sometimes that's what it takes. he brought up the emancipation probleming clamation. he compared the debt ceiling to that. are you considering a plan b? if not, why not? >> well, chuck, the issue here is whether or not america pays its bills. we are not a deadbeat nation. so there's a very simple solution to this. congress authorizes us to pay our bills. if the house and the senate want to give me the authority so that they don't have to take these tough votes, if they want to put the responsibility on me to raise the debt ceiling, i'm happy to take it. mitch mcconnell had a proposal like that last year, and i'm happy to accept it, but if they want to keep this responsibility, then they need to go ahead and get it done. the
ceiling issue. i know you have said you're not negotiating that. your administration has ruled out the various ideas that have been out there, the 14th amendment that just this morning house -- one of the house democratic leaders asked you to use the 14th amendment, and even said sometimes that's what it takes. he brought up the emancipation probleming clamation. he compared the debt ceiling to that. are you considering a plan b? if not, why not? >> well, chuck, the issue here is whether...
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Jan 14, 2013
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and i think he might, might have had significantly more leverage to deal with the debt ceiling issue then trying that. he didn't test it. just skeptical about how much he'll test it now in the face of a debt ceiling. i hope i'm wrong. i'm skeptical. >> the other big story this afternoon, vice president biden makes the formal recommendations to the president on gun control. what will it take to get meaningful action if that's possible? military man and gun control advocate joe sustek brings his perspective. [ male announcer ] house rule number 46. what's good for the pot... is even better for the cup. new single serve cafe collections from maxwell house. now available for use in the keurig k-cup brewer. always good to the last drop. is efficiently absorbed in small continuous amounts. citracal slow release continuously releases calcium plus d with efficient absorption in one daily dose. citracal slow release. with efficient absorption in one daily dose. i've got two tickets to paradise!l set? pack your bags, we'll leave tonight. uhh, it's next month, actually... eddie continues singin
and i think he might, might have had significantly more leverage to deal with the debt ceiling issue then trying that. he didn't test it. just skeptical about how much he'll test it now in the face of a debt ceiling. i hope i'm wrong. i'm skeptical. >> the other big story this afternoon, vice president biden makes the formal recommendations to the president on gun control. what will it take to get meaningful action if that's possible? military man and gun control advocate joe sustek...
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Jan 14, 2013
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the issue is not the debt ceiling. the issue is the fundamental core problems of the country and the inability of our congressional leaders and our political class to actually solve them. >> neil: how is it that you are home to some of best? >> they are good for you. >> neil: ron shaich, just a message from wall street. okay. did you hear the one about teacher did not like her students and thoughts about a phobia that is now a lawsuit. we're going try this. what do we want to build next ? that's the question. every day. when you have the most advanced tools, you want to make something with them. something that helps. helps safeguard our shores. helps someone see through a wall of fire. helps those nowhere near the right doctor stand a chance. ... feeling in the extremities ? no. technology can do that. who can tell me the third life cycle stage of the frog ? it can take a sick kid to school. nathan. tadpole. and help ensure a constant supply of clean energy. the things we build share one belief. that the world's bigges
the issue is not the debt ceiling. the issue is the fundamental core problems of the country and the inability of our congressional leaders and our political class to actually solve them. >> neil: how is it that you are home to some of best? >> they are good for you. >> neil: ron shaich, just a message from wall street. okay. did you hear the one about teacher did not like her students and thoughts about a phobia that is now a lawsuit. we're going try this. what do we want to...
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Jan 15, 2013
01/13
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you have the debt ceiling issue. all of those are in the mix right now because they are all coming to a head at the same time. we are going to need to deal with all of them. can't we be responsible? can't we work collaboratively on this? if we can -- hearing from the white house that, you know, you go figure it out. it is not my problem. i didn't have anything to do with this. that's not the way to go. >> let me ask you about your job as the head of the republican campaign committee. will you support all incumbent house republicans no matter what under all circumstances? or -- is your job to eliminate primary opposition? >> you know, i love how you -- you know, we try to talk in absolutes here. we are a member of organization that supports republicans and republican members of the house. here's when we do and we go out and recruit. i think, you know the voters want to check and balance in washington. we are going to offer a positive alternative. great candidates. we now -- second biggest majority since world war ii c
you have the debt ceiling issue. all of those are in the mix right now because they are all coming to a head at the same time. we are going to need to deal with all of them. can't we be responsible? can't we work collaboratively on this? if we can -- hearing from the white house that, you know, you go figure it out. it is not my problem. i didn't have anything to do with this. that's not the way to go. >> let me ask you about your job as the head of the republican campaign committee. will...
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Jan 13, 2013
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we know about the confirmation hearing issues and then the fiscal, the debt ceiling which is fast approaching as well. >> definitely that dance card is getting filled up pretty quickly so early in the year and he hasn't even been inaugurated. also in that article, senator marco rubio preparing his own version of the d.r.e.a.m. act. he discussed how republicans could face some pushback from latinos because of their stance on immigration reform. he said this, quote. we are going to have a struggle speaking to a whole segment of the population about our principles of limited government and free enterprise if they think we don't want them here, alluding to those who might benefit from the d.r.e.a.m. act. so republicans have their own pr campaign to conduct with latinos on immigration reform, but how is the president going to combat republicans who want to see a more piece meal approach as we move forward here? >> reporter: i think we've seen the way the president has handled other recent challenges from his republican opposition when you consider just the fiscal cliff hanger as it were with campa
we know about the confirmation hearing issues and then the fiscal, the debt ceiling which is fast approaching as well. >> definitely that dance card is getting filled up pretty quickly so early in the year and he hasn't even been inaugurated. also in that article, senator marco rubio preparing his own version of the d.r.e.a.m. act. he discussed how republicans could face some pushback from latinos because of their stance on immigration reform. he said this, quote. we are going to have a...
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Jan 15, 2013
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stay away from the debt ceiling issue. stay away with government shutdowns. they're political poison and p.r. disaster. instead, on the spending sequester, $1.2 trillion stay with the spending sequester. i believe john boehner should stick with his one to $1 debt increase with a dollar spending cut. and then go to the new budget. paul ryan, where are you? we need more spending cuts, more entitlement reform and even some tax reform especially business tax cuts to spur economic growth. my two cents. here is an old friend, david walker, founder, president and ceo of the come back america initiative. he knows a lot about this. david, let me ask you this. is boehner wrong to insist that a dollar debt increase should be accompanied by a spending decrease? >> the fact is we need to pay our bills. and i do however think that we have a spending problem. the federal government has gone from being 2% of the economy, 100 years ago. to 24% today. headed to 37% by 2040 absent a change in course. the republicans ought to leverage the sequester and the c.r. not to shut down
stay away from the debt ceiling issue. stay away with government shutdowns. they're political poison and p.r. disaster. instead, on the spending sequester, $1.2 trillion stay with the spending sequester. i believe john boehner should stick with his one to $1 debt increase with a dollar spending cut. and then go to the new budget. paul ryan, where are you? we need more spending cuts, more entitlement reform and even some tax reform especially business tax cuts to spur economic growth. my two...
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Jan 14, 2013
01/13
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but we can't move beyond the debt ceiling issue. i knew that would be a stopper, a game stopper. so we have to address that. now, the conditions exist that there can be a grand compromise that will move the economy forward or we can just go into free fall. for example, the last negotiation on the debt ceiling, well, the president, i thought, gave more than he should have given, but nonetheless, he did that. now the onus is on the rps to come to the table. because, see, what has happened is, tax cuts are essentially -- tax increases are off the table. and we got revenue from that. not enough that we needed, but that's off the table. and that was a big issue for the republicans. >> danny, let's move on. let's talk about the possibility of a government shutdown. the president seemed to indicate that it was, first of all, the republicans' responsibility. that they were going to take the onus, the responsibility for this, and that it was potentially something that he was willing to allow happen, because he felt that most people will blame the republicans. if the government shuts down,
but we can't move beyond the debt ceiling issue. i knew that would be a stopper, a game stopper. so we have to address that. now, the conditions exist that there can be a grand compromise that will move the economy forward or we can just go into free fall. for example, the last negotiation on the debt ceiling, well, the president, i thought, gave more than he should have given, but nonetheless, he did that. now the onus is on the rps to come to the table. because, see, what has happened is, tax...
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Jan 14, 2013
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plus how investors should handle the noise out of washington on the debt ceiling issue. >>> then the ceo of the company that owns the stock exchange. up next with jeffrey sprecher. he will join me exclusively. >>> also facebook has been red hot lately. tomorrow there's a big announcement. could it disappoint or ignite a bigger rally for the stock? coming up. [ male announcer ] you're not the type of person who sets goals and only hopes to achieve them. so you'll be happy to know that when it comes to your investment goals, northern trust uses award-winning expertise to lead you through an interactive investment process. adding precision to your portfolio construction by directly matching your assets and your risk preferences against your unique life goals. we call it goals driven investing. your life has a sense of purpose. shouldn't your investments? ♪ expertise matters. find it at northern trust. office superstore ink retailer in america. now get $6 back in staples rewards for every ink cartridge you recycle when you spend $50 on hp ink. staples. that was easy. >>> welcome back.
plus how investors should handle the noise out of washington on the debt ceiling issue. >>> then the ceo of the company that owns the stock exchange. up next with jeffrey sprecher. he will join me exclusively. >>> also facebook has been red hot lately. tomorrow there's a big announcement. could it disappoint or ignite a bigger rally for the stock? coming up. [ male announcer ] you're not the type of person who sets goals and only hopes to achieve them. so you'll be happy to...
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Jan 14, 2013
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so we have two issues here. one is a government shutdown. other is the debt ceiling. let me ask you again, would you be willing to shut the government down? >> we are going to look at all of these options. you know, there is the option of government shutdown. there is an option of raising the debt ceiling in short-term increments. >> would you be wailing to do that? >> i don't know. i just know that that's one of the things that is being floated, as you've seen in some of the articles. is raising it in short-term inyes increments. there's also the olympiplan of cuts of every $1 of debt limit increase. there are a lot of plans out there. the healthy thing is this. we are having a good discussion on it and the american people are very engaged in it. when i'm out in my district like i was last week and talking to my constituents, they will tell you, they are just -- they're over pay for programs they don't want, programs that have outlived their usefulness with money that we do not have. >> but with are they willing to see the government shut down? are you hearing that,
so we have two issues here. one is a government shutdown. other is the debt ceiling. let me ask you again, would you be willing to shut the government down? >> we are going to look at all of these options. you know, there is the option of government shutdown. there is an option of raising the debt ceiling in short-term increments. >> would you be wailing to do that? >> i don't know. i just know that that's one of the things that is being floated, as you've seen in some of the...
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Jan 15, 2013
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ceiling debate go out? john boehner promised he will not bring a bill to the floor that does not have a majority of support of republicans. >> i'm not aware of that per se, i would refer you to his office. >> congressman, thank you. >> you're welcome. >>> still ahead, coca-cola says they are trying to fight obesity with a new ad they've released. is it thinking ahead about their own industry? a panel will talk about that straight ahead. you're watching "starting point," back in a moment. with the bankamericard cash rewards credit card. earn 1% cash back everywhere, every time. [ both ] 2% back on groceries. [ all ] 3% on gas. no hoops to jump through. i earn more cash back on the things i buy the most. [ woman ] it's as easy as... one! -two. -[ all ] three! [ male announcer ] the bankamericard cash rewards credit card. apply online or at a bank of america near you. i had[ designer ]eeling enough of just covering upewards credit card. my moderate to severe plaque psoriasis. i decided enough is enough. ♪ [
ceiling debate go out? john boehner promised he will not bring a bill to the floor that does not have a majority of support of republicans. >> i'm not aware of that per se, i would refer you to his office. >> congressman, thank you. >> you're welcome. >>> still ahead, coca-cola says they are trying to fight obesity with a new ad they've released. is it thinking ahead about their own industry? a panel will talk about that straight ahead. you're watching "starting...
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Jan 19, 2013
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one of the things about showdown, during the previous debt ceiling one of the issues was, when would the next debt ceiling be reached? remember, the republicans -- and even harry reid suggested that they do this every six months. let's get a temporary extension and come back in six months. at one point the republicans were proposing three extensions, three votes before the next election. and the president, meeting with his own aides about this said that's it. i'm done. i'm not doing this. this is not how the constitution was meant -- was designed. our founding fathers did not envision a day when members of congress could hold the president hostage by not paying the bills they themselves had racked up. and as often happens in these situations, the cooler heads on his staff said, well, mr. president, we understand how you feel, but we may have to cut the -- no. i'm not going to do it. he was very firm because he believed it was not just affecting him but about preserving the status of the presidency for future presidents. and in the end one of the things he was most proud of in that de
one of the things about showdown, during the previous debt ceiling one of the issues was, when would the next debt ceiling be reached? remember, the republicans -- and even harry reid suggested that they do this every six months. let's get a temporary extension and come back in six months. at one point the republicans were proposing three extensions, three votes before the next election. and the president, meeting with his own aides about this said that's it. i'm done. i'm not doing this. this...
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Jan 14, 2013
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ceiling. >> the issue here is whether or not america pays its bills. we are not a deadbeat nation. >> taking a stand on the one-month anniversary of the newtown massacre. the families speak out. >> this is a promise to turn the conversation into actions. things must change. this is the time. this is a promise we make to our precious children because each child, every human life, is filled with promise, and though we continue to be filled with unbearable pain, we choose love, belief, and hope instead of anger. >> calling them out. tough words from former secretary of state general colin powell for his fellow republicans on race. >> there's also a dark vein of intolerance many some parts of the party. >> the end of the longest war and the man president obama has nominated to wind it down coming up. retired general stanley mcchrystal on chuck hagel. the exit strategy from afghanistan and his own career. >>> plus, show stopper. president clinton he should the standing ovation with his surprise appearance on "lincoln" at the golden globes. >> in "lincoln" w
ceiling. >> the issue here is whether or not america pays its bills. we are not a deadbeat nation. >> taking a stand on the one-month anniversary of the newtown massacre. the families speak out. >> this is a promise to turn the conversation into actions. things must change. this is the time. this is a promise we make to our precious children because each child, every human life, is filled with promise, and though we continue to be filled with unbearable pain, we choose love,...
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Jan 16, 2013
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of who is what gets paid in a debt ceiling impasse, a shut town of government, would be entirely up to the president of the united states period. if congress does fail to lift the debt ceiling by late february, the treasury department has to cover about 450 billion-dollars. in obligations. about 450 billion. revenue at that point, $2 77 billion. essentially the government will be able to cover about 60% of its bill. 60% of its bills, treasury would make the interest payments on the debt that could is about 40 billion. okay? just for debt, we could sll pay up social security benefits, they account for about 61 billion-dollars. and we could still pay veterans and our military, that would cost $17 billion for the military and for veterans. that is still only $118 billion of that $2 17. $118 billion. i want to ask you. why would anyone not be appalled by a president saying what he just did? implying there would not be adequate money to take care of social security obligations during that period. imply its would not be up to him to make a decision, which would prevent our social security
of who is what gets paid in a debt ceiling impasse, a shut town of government, would be entirely up to the president of the united states period. if congress does fail to lift the debt ceiling by late february, the treasury department has to cover about 450 billion-dollars. in obligations. about 450 billion. revenue at that point, $2 77 billion. essentially the government will be able to cover about 60% of its bill. 60% of its bills, treasury would make the interest payments on the debt that...
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Jan 16, 2013
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issue number one is raising the debt ceiling which allows you to pay the bills we're already voted for. and that was already voted for. maybe they shouldn't have been, but already was voted for. not to raise the debt ceiling would cause the government to default on its debts interest rates would spike and destroy economy. david: i can't allow that to go by congressman, because there is no guaranty we would default as a result of reaching that point. i mean we have enough revenue coming in to pay off our bondholders. >> well, depends what you mean by default. if you paid bondholders at expense of not paying social security checks or salaries of military or salaries of the air traffic controllers the fact is we have 40% difference between the income coming in and the expenditures that were voted. that would be regarded by the financial markets as a default. david: it would require, more cut backs in spending. there is no question it would cause enormous, as you point out quite rightly, 40 cents of every dollar that we spend is borrowed. that is part of the problem. >> that's right. david
issue number one is raising the debt ceiling which allows you to pay the bills we're already voted for. and that was already voted for. maybe they shouldn't have been, but already was voted for. not to raise the debt ceiling would cause the government to default on its debts interest rates would spike and destroy economy. david: i can't allow that to go by congressman, because there is no guaranty we would default as a result of reaching that point. i mean we have enough revenue coming in to...
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Jan 13, 2013
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on the debt ceiling issue it is dramatically different. and on top of that you also have two other issues where these two sides will be going head to head. again, the issue of sequester. and obviously, the continuing resolution, basically the way the government is paid for going forward. so we've got a busy couple months ahead of us. >> we do. hey, peter, we have to take note that we're going to see you in a little more dressed down, little more casual sigde of you at the bottom of the hour for office politics. for anyone who wants to see what goes on behind the scenes with you, tune in. are you nervous? >> i think i have a pretty good sense how this is going to go. i was more nervous when you came here-p but i know you took good care of me. it will be all right. >> it will. it will be interesting for folks who stick around. thanks, peter. >> thanks, alex. >> carol lee and associate politics editor for roll call david drucker. welcome to both of you. >> good morning. >> carol, i'll speak with you first. as the president says, he's not goin
on the debt ceiling issue it is dramatically different. and on top of that you also have two other issues where these two sides will be going head to head. again, the issue of sequester. and obviously, the continuing resolution, basically the way the government is paid for going forward. so we've got a busy couple months ahead of us. >> we do. hey, peter, we have to take note that we're going to see you in a little more dressed down, little more casual sigde of you at the bottom of the...
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Jan 15, 2013
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it was the sole solution to the debt ceiling in august of 2011 in the u.s. downgraded last time. so all these issues are important and it's very important that congress take necessary action to raise the debt ceiling to avoid a situation where government doesn't pay its bills. >> a number of people have expressed concern about how much of the challenges actually were addressed in a deal, it certainly went part way, but leaves a number of issues still on the table. would you care to raise that as an additional fiscal cliff that is facing us? would you think that it's not as concerning as it was when you raise that term initially? >> as i said the fiscal cliff, if it is allowed to take place, it probably would have traded a recession this year. a good bit of that has been addressed. nevertheless, we still have fairly restrictive fiscal policies now. it is estimated that federal fiscal policy will we have quite a bit to do to address the their long-term sustainability issues. there's a lot more work to do. let me be very clear about that. it's going to be a long haul and it's not go
it was the sole solution to the debt ceiling in august of 2011 in the u.s. downgraded last time. so all these issues are important and it's very important that congress take necessary action to raise the debt ceiling to avoid a situation where government doesn't pay its bills. >> a number of people have expressed concern about how much of the challenges actually were addressed in a deal, it certainly went part way, but leaves a number of issues still on the table. would you care to raise...
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other hot issues, the debt ceiling and immigration we may be hearing about. we want to know what you would ask the president if you're able to ask him a question. you can tweet us at happening now those questions. jon: sounds good. heather touched on it. vice president joe biden presents his plan to curb gun violence to president obama tomorrow. one city is apparently not waiting around for washington act. chicago quickly becoming ground zero in the debate on gun control. that city saw more than 500 murders last year, prompting mayor rahm emanuel to take action with a gun control plan of his own. steve brown is live in chicago right now, but i guess mayor emanuel is not. he is in d.c. today suggesting democratic strategy to try to get gun control accomplished, is that right, steve? >> reporter: in a sense yes, it was part of the discussion at a public revent held in washington that mayor emanuel took part in. local press was made aware of it well in advance. it touches on the city's most dramatic problem which is gun violence in this city. you mentioned over
other hot issues, the debt ceiling and immigration we may be hearing about. we want to know what you would ask the president if you're able to ask him a question. you can tweet us at happening now those questions. jon: sounds good. heather touched on it. vice president joe biden presents his plan to curb gun violence to president obama tomorrow. one city is apparently not waiting around for washington act. chicago quickly becoming ground zero in the debate on gun control. that city saw more...
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. >> certainly in the 14 years that i have been here but i think some of those issues like the debt ceiling, this is absolutely new territory. >> stephanie: yeah even the republican party -- we have just not seen a version of it that it was willing to take the united states hostage -- >> we have never seen that but we have never seen the kind of use of the filibuster that we see now to stop everything, and as you said, the blocking of appointments. there has always been this courtesy to the president of the united states to at least have hearings and -- and debates about these nominees but you know -- one person to stop it -- >> stephanie: right. and the way the main stream media covers it drives me insane. the president nominates a republican, and there is outrage. >> i know and he doesn't have enough beer parties or something. >> stephanie: yeah exactly. the other thing the president addressed was gun legislation, and if it is not different this time, congress woman i don't know when it will be if you watched any those sandy hook families yesterday. >> wasn't that stunning? >> stephanie:
. >> certainly in the 14 years that i have been here but i think some of those issues like the debt ceiling, this is absolutely new territory. >> stephanie: yeah even the republican party -- we have just not seen a version of it that it was willing to take the united states hostage -- >> we have never seen that but we have never seen the kind of use of the filibuster that we see now to stop everything, and as you said, the blocking of appointments. there has always been this...
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, the debt ceiling, maybe the war in afghanistan could have gotten a word today, or a question are we really getting out. in the d.c. media they're concerned about who is at what cocktail party and what everybody is wearing and how come you're not talking to more people. meanwhile, the president said he puts out invitations to the white house all the time. >> we invite folks from congress over here all the time. sometimes they don't choose to come, and that has to do with the fact that i think they don't consider the optics useful for them politically. >> ah-ha. you can't get your picture taken with the president. that's not good. boehner has turned down invitations to five state dinners in a row. mitch mcconnell and three other republican senators turned down an invitation just to watch the movie "lincoln" over at the white house. it might have embarrassed them a little bit. these snubs are nothing new from republicans. it's dangerous politically for republicans to be seen at the white house. and there is always a tea party candidate close by, waiting to primary anybody who works wit
, the debt ceiling, maybe the war in afghanistan could have gotten a word today, or a question are we really getting out. in the d.c. media they're concerned about who is at what cocktail party and what everybody is wearing and how come you're not talking to more people. meanwhile, the president said he puts out invitations to the white house all the time. >> we invite folks from congress over here all the time. sometimes they don't choose to come, and that has to do with the fact that i...
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how are some of the top republicans responding to president obama on this debt ceiling issue? >> reporter: well, jon, republicans are clearly uncomfortable with prominent democrats already talking about a tax increase when you consider the fiscal cliff deal raised taxes and every worker with a payroll tax hiring expiring and raised taxes on upper income americans even further, check your pay stub. a leading republican says responding to the president what's critical is getting spending under control. >> it's a compelling message saying we ned to pay the bills we've racked up. of it messes the whole point again. think of it in terms of a credit card. in you have a son or daughter who exceeds the limit, the first thing you do is rip up the card, the second thing you do is you say you need to change your spending habits. >> reporter: they say we need to a just what bills we are paying and how they are paying. jon: the issue of depending on disaster relief could provide tkraeupl drama there on capitol hill. >> reporter: speaker john boehner promised that the house would take up sa
how are some of the top republicans responding to president obama on this debt ceiling issue? >> reporter: well, jon, republicans are clearly uncomfortable with prominent democrats already talking about a tax increase when you consider the fiscal cliff deal raised taxes and every worker with a payroll tax hiring expiring and raised taxes on upper income americans even further, check your pay stub. a leading republican says responding to the president what's critical is getting spending...
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and not because of self-imposed crisis on a debt ceiling but we will be out of money. that is what the republicans are trying to avert. the president is playing this likebe a demagogue notto pretend we don't have a debt issue. we do. that is hanging above us and what will destroy the credit rating in the end. not a crisis we create and then get around as we have in the past. but a real one of a country that cannot pay its debt anymore. which is where we are headed. >> bret: next up is the u.s. getting involved in a another war on terror in mali? b or best-ever meatloaf. go to campbellskitchen.com for recipes, plus a valuable coupon. campbell's. it's amazing what soup can do. to help protect your eye health as you age... would you take it? well, there is. [ male announcer ] it's called ocuvite. a vitamin totally dedicated to your eyes, from the eye care experts at bausch + lomb. as you age, eyes can lose vital nutrients. ocuvite helps replenish key eye nutrients. ocuvite has a unique formula not found in your multivitamin to help protect your eye health. now that's a pi
and not because of self-imposed crisis on a debt ceiling but we will be out of money. that is what the republicans are trying to avert. the president is playing this likebe a demagogue notto pretend we don't have a debt issue. we do. that is hanging above us and what will destroy the credit rating in the end. not a crisis we create and then get around as we have in the past. but a real one of a country that cannot pay its debt anymore. which is where we are headed. >> bret: next up is the...
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because we take it a whole lot -- we spend a whole lot more money than we take in, the debt ceiling become as real issue pd at government has to stop spending about $100 billion a month. that means the government will have to lay off people and that will mean more unemployment and more pain for people. it also means the government won't be able to pay all 6 it bills and it may stop sending money to the businesses in the united states. some of whom could go bankruptcy because of it. >> critics have said you can list out all of the things that won't get paid respect but in the end it has a massive ripple effect. and yet the house speaker said yesterday the consequences of failing to increase the debt ceiling are real, but so, too, are the consequences of allowing our spending problem to go unresolved. so i think a lot of people are tormented over this. they agree with both sides. yes, we can't spend, no, we can't default, but who does big business see this? >> big business is pretty clear. i've spoken to a lot of ceos. they don't want to have the debt ceiling be the problem. they think that
because we take it a whole lot -- we spend a whole lot more money than we take in, the debt ceiling become as real issue pd at government has to stop spending about $100 billion a month. that means the government will have to lay off people and that will mean more unemployment and more pain for people. it also means the government won't be able to pay all 6 it bills and it may stop sending money to the businesses in the united states. some of whom could go bankruptcy because of it. >>...
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ceiling issue. your administration has ruled out the various ideas that have been out this. this morning, one of the house democratic leaders asked you to use the 14th amendment. he compared the debt ceiling to that. are you considering a plan "b." and if not, why not? >> well, chuck, the issue here is whether or not america pays its bills. we are not a deadbeat nation. and, so, there's a very simple solution to this. congress authorizes us. to pay our bills. now, if the house and the senate want to give me the authority so they they don't have to take these tough votes, if they want to put the responsibility on me to raise the debt ceiling, i'm happy to take it. mitch mcconnell, the republican leader in the senate had a proposal like that last year and i'm happy to accept it. but, if they want to keep this responsibility, then they need to go ahead and get it done. and, you know, there are no magic tricks here, there are no loopholes. there are no -- you know, easy outs. this is a matter of congres
ceiling issue. your administration has ruled out the various ideas that have been out this. this morning, one of the house democratic leaders asked you to use the 14th amendment. he compared the debt ceiling to that. are you considering a plan "b." and if not, why not? >> well, chuck, the issue here is whether or not america pays its bills. we are not a deadbeat nation. and, so, there's a very simple solution to this. congress authorizes us. to pay our bills. now, if the house...
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because i don't think the debt ceiling issue should become such a partisan issue. and i just appeal to the republicans who are having this retreat to realize that they should not place us in that kind of jeopardy. so there will be a hearing. we're going to work on witnesses today, settle them, and i hope the chairman and i will be resolving who will be the witnesses. they get the choice, the majority, but in this case i think there will be consternation as to who they pick and our choice. host: ok, all right. guest: we'll have one witness out of four. host: could it be secretary geithner? guest: no. host: do you think they'll call on him, the republicans? guest: no. host: tony, olive branch, mississippi. republican. hi, tony. caller: good morning. how you doing, senator? guest: where is olive branch? caller: it's down across the street from memphis, tennessee -- mississippi. guest: i've been across the bridge there. host: what's your question or comment? caller: my deal is when you talk about congress and everybody is looking at discretionary spending, i beg it dif
because i don't think the debt ceiling issue should become such a partisan issue. and i just appeal to the republicans who are having this retreat to realize that they should not place us in that kind of jeopardy. so there will be a hearing. we're going to work on witnesses today, settle them, and i hope the chairman and i will be resolving who will be the witnesses. they get the choice, the majority, but in this case i think there will be consternation as to who they pick and our choice. host:...
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the debt ceiling. and these automatic spending cuts that take hold at the beginning of march. they want to use these opportunities. they don't think it's so bad to shut down the government or to default on the debt. they are even skeptical of the administration's estimates of when that will happen. so they see themselves really having very little leverage besides doing something which a lot of americans would consider extreme which is defaulting on the debt or shutting down the government. now i think it's virtually impossible that speaker john boehner will raise the debt ceiling without commensurate spending cuts. he's way too far out on a limb on that prospect. so it's going to be one of these huge battles its going to be something where one side has to blink first or the issues have to kind of meld together in a way that speaker boehner or president obama has a fig leaf in order to get this done. >> woodruff: jake, what about the president's argument today? he said this several times. he said this is not about we're doing the debt ceiling in order to authorize more spending
the debt ceiling. and these automatic spending cuts that take hold at the beginning of march. they want to use these opportunities. they don't think it's so bad to shut down the government or to default on the debt. they are even skeptical of the administration's estimates of when that will happen. so they see themselves really having very little leverage besides doing something which a lot of americans would consider extreme which is defaulting on the debt or shutting down the government. now...
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the reports show lingering concern over remaining fiscal issues like the debt ceiling. venture capitalist tightened their belts last year. according to the money street study startup investment fell. taking out more money than you have to the next time you're at the atm will soon be a thing of the past. at least for some customers. that is the latest from the fox business network. giving you the power to prosper. ♪ [ male announcer ] where do you turn for legal matters? maybe you want to incorporate a business. orrotect your family with a will or living trust. and you'd like the help of an attorney. at legalzoom a legal plan attorney is available in most states with every personalized document to answer questions. get started at legalzoom.com today. and now you're protected. ♪ dagen: research in motion looking to win big with the release of its new blackberry ten did the smart phone will be unveiled later this month. connell: we will see what happens. paying developers big bucks and apparently everything else. sandra: skeptical. investors are not so skeptical. the s
the reports show lingering concern over remaining fiscal issues like the debt ceiling. venture capitalist tightened their belts last year. according to the money street study startup investment fell. taking out more money than you have to the next time you're at the atm will soon be a thing of the past. at least for some customers. that is the latest from the fox business network. giving you the power to prosper. ♪ [ male announcer ] where do you turn for legal matters? maybe you want to...
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fought these big fights on fiscal cliff and debt ceiling, poverty is expanding. 50 million in poverty. food insecure, unemployed, and the disparity keeps growing, plus an impact of violence. so those issues must be confronted in this second go-round. >> how does the president go about doing that? i made the point in the last, before the last break that the president, at least at that point, had both houses of congress under his belt with a democrat majority. he doesn't have that anymore. can he put forward legislation, ideology, issues to help reduce that polarization? >> you know what, lyndon johnson opened up the war on immigration in appalachia. most poor people are white, female and young, and black and brown hunger hurts. 50 million, these people are malnourished, homeless or wandering. they're unbankable, therefore they're driven into expensive loan arrangements. they are poor. they cannot send their children to school. they cannot dream. 50 million more very close to them, this impact of growing poverty and racial polarization and violence is a hell of a combination, and i woul
fought these big fights on fiscal cliff and debt ceiling, poverty is expanding. 50 million in poverty. food insecure, unemployed, and the disparity keeps growing, plus an impact of violence. so those issues must be confronted in this second go-round. >> how does the president go about doing that? i made the point in the last, before the last break that the president, at least at that point, had both houses of congress under his belt with a democrat majority. he doesn't have that anymore....
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we've got a debt ceiling issue that the president's going to have to deal with. there are a lot of other issues the president's going to have to deal with, immigration reform. i think the president's going to have to spend time on this whether he wants to or not. >> connie mack, nice to see you. >> nice to see you. >> please tell your lovely wife we're sorry she lost all her luggage and was stuck at the airport. >> love you, honey. >> we'll get back to john berman with a look at some of the other stories ahead this morning. >>> we'll be talking about the golden globes. ben affleck didn't get nominated for an oscar, but his surprise win at the globes may be vindication. we'll have that, the other surprises, and the big snubs in a live report. >>> he's known for his role on "breaking bad," but actor steven michael casada has a new role to play, local school board member. you should know that axiron is here. the only underarm treatment for low t. that's right, the one you apply to the underarm. axiron is not for use in women or anyone younger than 18. axiron can tra
we've got a debt ceiling issue that the president's going to have to deal with. there are a lot of other issues the president's going to have to deal with, immigration reform. i think the president's going to have to spend time on this whether he wants to or not. >> connie mack, nice to see you. >> nice to see you. >> please tell your lovely wife we're sorry she lost all her luggage and was stuck at the airport. >> love you, honey. >> we'll get back to john berman...
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. >> the president won't back down on the debt ceiling or on gun safety. >> the pressing issue of gun reform. >> exactly one month after the tragedy at sandy hook. >> if there is a step we can take that will save even one child we should take that step. >> gun violence continues to wreak its deadly toll each day. >> this is a moment to act. >> congress is incapable of passing an assault weapon ban. >> everybody is totally upset by it. >> what makes sense? what works? >> this is a moment to act. >> this is a promise to turn the conversation into actions. >> if there is a step we can take that will save even one child, we should take that step. >> the lecturer in chief returns to the east room of the white house today to explain something to congressional republicans that previous presidents have not had to explain to congress. >> i want to be clear about this. the debt ceiling is not a question of authorizing more spending. raising the debt ceiling does not authorize more spending. it simply allows the country to pay for spending that congress has already committed to. these are bills
. >> the president won't back down on the debt ceiling or on gun safety. >> the pressing issue of gun reform. >> exactly one month after the tragedy at sandy hook. >> if there is a step we can take that will save even one child we should take that step. >> gun violence continues to wreak its deadly toll each day. >> this is a moment to act. >> congress is incapable of passing an assault weapon ban. >> everybody is totally upset by it. >>...
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of late, even getting -- when it comes to issues like bypassing the debt ceiling -- on congress's behalf. >> democrats are urging the president to use executive order to say congress, i don't node to you raise the debt ceiling, i am going to do it on my own. i want everybody to know,utive order -- high is not the first president and won't be the last to use executive order. frankslinrosis velt passed 37 executive orders and clinton and reagan did 350-plus. i am talking about policy issues of significant magnitude that need to have a full public vetting. the american people need tock engaged in the process. we need hearing on the matter ogun control, specifically. and we really need to talk about mental health and how we as a society are not embracing people with mental health issues. that's a bigger conversation, i know, neil. >> neil: thank you for indulging all of this breaking news and being on top of it. we told you about the mulvaney amendment, matching dollar for dollar, any aide they are getting in like-minded cuts from discretionary spending. that was defeated, as expected on the
of late, even getting -- when it comes to issues like bypassing the debt ceiling -- on congress's behalf. >> democrats are urging the president to use executive order to say congress, i don't node to you raise the debt ceiling, i am going to do it on my own. i want everybody to know,utive order -- high is not the first president and won't be the last to use executive order. frankslinrosis velt passed 37 executive orders and clinton and reagan did 350-plus. i am talking about policy issues...